WESTERN CPE BLOG
Providing the latest tax news, information, and updates for tax and finance professionals
Idaho CPE Requirements for Accountants and Financial Professionals
Introduction
Staying compliant with Idaho’s State Board of Accountancy CPE requirements is essential for accountants and financial professionals to maintain their licenses and build trust with clients. With the annual license renewal deadline on June 30 and a rolling biennial CPE reporting period, understanding these requirements is key to avoiding penalties and staying on track.
In this guide, we’ll cover Idaho’s accounting CPE requirements, highlight common challenges, and provide actionable steps to simplify compliance. Whether you’re a seasoned professional or newly licensed in Idaho, this post will help you navigate the essentials with ease.
Overview of Idaho’s Accounting CPE Requirements
Idaho’s CPE requirements ensure that professionals stay updated with industry standards and maintain their competence. Below is a breakdown of the key requirements:
Total CPE Credit Hours
- 80 hours over a rolling two-year period (prior year + current year).
- Minimum of 30 hours per year and a maximum of 50 hours per year.
Idaho Ethics CPE Requirements
- Four (4) ethics CPE credits required every two-year cycle.
- Newly licensed professionals must complete a two-hour state-specific course on the Idaho Accountancy Act and Rules in their first calendar year.
- Professionals seeking reinstatement or re-entry must also complete this two-hour course.
CPE Credit Limitations
- Noninteractive self-study courses do not qualify for CPE credit.
- Credit for teaching or presenting can include preparation time, up to twice the presentation hours.
- Published materials and technical reviews may qualify with proper documentation.
NASBA Approved Providers
- Courses must adhere to NASBA’s standards or be part of a formal learning program that enhances professional competence.
Idaho CPE Reporting Period
- Rolling biennial period from January 1 to December 31.
Common Challenges
Meeting Idaho’s CPE requirements can feel overwhelming, especially when juggling deadlines and specific credit categories. Here are some common challenges professionals face:
- Understanding the Rolling Reporting Period: The requirement to balance 80 credits over two years, with yearly minimums and maximums, can be confusing.
- Ethics Requirements for New and Reinstating Licensees: Many professionals miss the state-specific ethics course requirement in their first calendar year or during reinstatement. Fortunately, we have you covered.
- Credit Limitations: Overlooking restrictions on noninteractive self-study courses or improperly documenting teaching and publishing activities can lead to rejected credits. If you need live CPE, join us in Las Vegas.
- Finding Suitable Courses: Locating NASBA-compliant courses that meet Idaho’s specific needs, particularly for ethics, can be time-consuming. With Western CPE, you don’t have anything to worry about.
Recommended Courses
These courses have been particularly popular with professionals in Idaho and are tailored to meet your needs:
America’s #1 Federal Tax Update is a comprehensive collection focused on individual and business taxation that covers all of the latest developments the IRS, legislative, and judicial folks can and will throw your way. It’s bigger, better, and more trusted than the knock-offs out there, so accept no substitutes.
Take control of your continuing education with Western’s Credit Packages: flexible CPE that fits your exact requirements. Get access to our entire digital course library, including webcasts, self-study, and self-study video courses. It’s like an unlimited CPE subscription, but better—you only pay for what you need.
Industry-specific accounting practices for Agriculture, from inventory valuation to managing non-current farm assets. Ensure accurate financial management for farms, ranches, and agricultural businesses.
Strategic guide to Employee Stock Options and Tax Planning. Master the complexities of various compensation plans while optimizing tax outcomes for clients with equity-based benefits.
Implement strategies for robust financial systems and fraud prevention, identifying characteristics of data and more.
An essential guide on accounting theory and practical skills for professionals in the construction industry.
Conclusion
The Idaho State Board of Accountancy’s CPE requirements ensure that financial professionals maintain their expertise and uphold the highest standards in the field. By understanding and meeting these requirements, you’ll not only stay compliant but also strengthen your career prospects.
Join thousands of professionals who trust us to help them meet their CPE requirements. Browse our catalog today and discover courses designed to fit your goals and deadlines.
FAQ
Q: How many CPE hours do I need annually?
A: Idaho requires a minimum of 30 CPE hours per year, with a maximum of 50 hours. Over two years, you must complete 80 total hours.
Q: Do self-study courses qualify for CPE credits in Idaho?
A: Only interactive self-study courses that include review questions and assessments qualify. Noninteractive courses are not eligible.
Q: What are the ethics requirements for Idaho?
A: You must complete four (4) ethics credits every two years. New licensees and those reinstating their licenses must also take a two-hour state-specific ethics course covering Idaho’s Accountancy Act and Rules.
Q: Can I meet Idaho’s CPE requirements if I am licensed in another state?
A: Yes, Idaho allows professionals to meet CPE requirements by adhering to the standards of their state of residence or principal place of business.
-
Self-StudyFixed Asset Accounting
$351.00 – $391.00 Select options This product has multiple variants. The options may be chosen on the product page -
-
Self-StudyEthics for Accountants
$116.00 – $136.00 Select options This product has multiple variants. The options may be chosen on the product page -
EthicsEthics for Maryland
$116.00 – $136.00 Select options This product has multiple variants. The options may be chosen on the product page -
Self-StudyPassive Losses
$290.00 – $320.00 Select options This product has multiple variants. The options may be chosen on the product page -
Self-StudyMaking The Best of Bad Situations
$364.00 – $404.00 Select options This product has multiple variants. The options may be chosen on the product page -
-
